Agung Podomoro Land (APLN) expands its property business into the Sumatra region through its collaboration with Capital Group, Podomoro City Deli Medan, by aiming the potential of the property market in Pekanbaru, Riau. APLN business unit is currently one of the fastest growing properties due to its... [read more]

To welcome the fiscal incentive in the property sector and residential which effectives in November 2023, Agung Sedayu Group and Salim Group, and PT Pantai Indah Kapuk dua Tbk (PANI) develop houses, apartments, shophouses at prices less than Rp2 billion and below Rp5 billion. The incentives of Gover... [read more]

PT MRT Jakarta (Perseroda) signed three Memoranda Of Understandings (MOU) on the development of the Transit Oriented Development (TOD) projects in Jakarta on Wednesday (8 November). The first MOU is with Transit Oriented Development (TOD), the second with PT Melawai Jaya Realty and lastly, with BPJS... [read more]

The construction of the longest toll road in Indonesia, the Gedebage-Tasikmalaya-Cilacap Toll Road (Getaci), will start in the second quarter of 2024. Based on the Toll Road Management Agency’s (BPJT) homepage, currently, the bidding project’s process is in the pre-qualification announcement as the... [read more]

Domestic tourists are expected to make fewer trips to local destinations this year than the government’s target of 1.2 billion to 1.4 billion trips. The Central Bureau of Statistics (BPS) recorded only 626 million domestic tourist trips as of September, jumped 12.81% from the same period last year b... [read more]